702 Washington Avenue 702 Washington Ave South Building, Bay City, MI 48708

$179,900
8,159
SqFt

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List Price
$179,900
Status
ACTIVE
MLS#
50215912
Days on Market
4
Year Built
1900
Acres
0.09
Living Area
8,159
Municipality
Bay City
Region
Bay City
Township
Bay City
Subdivision
Downtown Bay City

Property Description

Downtown Bay City's Next Redevelopment Opportunity! Now offered as an individual building, this nearly 8,200 square foot commercial property presents an exciting opportunity to own a piece of Downtown Bay City. Previously marketed as part of a larger redevelopment, this new offering provides investors and entrepreneurs with a more manageable project, reducing the overall scope of work while creating a more attainable investment. A rare Class C Liquor License is available for purchase with this building, creating an outstanding opportunity for a restaurant, brewery, cocktail lounge, or other hospitality concept in one of Downtown Bay City's most visible locations. If the buildings are sold separately, the liquor license will be available on a first-come, first-served basis. The main floor features soaring ceilings and an open layout, with a dividing wall already in place that offers the potential for multiple commercial spaces or tenants. The second floor was formerly a spacious apartment and still retains much of its original layout, providing an excellent opportunity to restore it into a large residential unit, executive housing, or an income-producing rental while maintaining commercial space below. Whether your vision includes retail, office space, mixed-use development, dining, entertainment, or residential income, this property offers exceptional flexibility and endless potential in the heart of Downtown Bay City.

Additional Information

Lot Dimensions
41 x 112
Sewer
Public Sanitary
Foundation
Basement
Water
Public

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Listing Courtesy of Berkshire Hathaway HomeServices, Bay City, Office Phone: 989-892-8888

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.